Owner of Local Office Towers Changes Name to BBL Inc.

San Diego-based real estate investment firm BCL Inc., which made $130 million in local office tower acquisitions during the past year, has changed its name to BBL Inc.

A statement from the 16-year-old company said the change reflects the addition of Steve Bollert as a principal, joining founding partners Casey Brown and Paul LeBeau.

BBL Inc. owns and manages a portfolio totaling 1.4 million square feet, including 250,000 square feet in Phoenix. In recent months it has purchased downtown San Diego’s Bank of America Tower, One Pacific Heights in Sorrento Mesa and Regents Park Financial Center in University Towne Center.